UK inflation hits hotter-than-expected 3.6% in June

A one pound price label in bowls of produce on a grocery stall at East Street Market in London, UK, in spring 2024.

Bloomberg | Bloomberg | Getty Images

The U.K.’s annual inflation rate hit a hotter-than-expected 3.6% in June, according to data released by the Office for National Statistics (ONS) on Wednesday.

Economists polled by Reuters had anticipated inflation would reach 3.4% in the twelve months to June, after it hit 3.4% in May.

June core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, rose by an annual 3.7%, up from 3.5% in the twelve months to May.

This is a breaking news story, please check for further updates.

Source

World

What to expect from the UK’s budget update, the Spring Statement

March 3, 2026

Britain’s Chancellor of the Exchequer Rachel Reeves speaks during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images As the U.K.’s Finance Minister Rachel Reeves prepares to give an […]

World

Qualcomm CEO sees robotics as a ‘larger opportunity’ within 2 years

March 3, 2026

Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan, May 19, 2025. Ann Wang | Reuters BARCELONA, Spain — Robotics will become a “larger opportunity” for Qualcomm within the next two years, CEO Cristiano Amon told CNBC, as the chip giant continues its foray into areas beyond the smartphone. In January, […]

World

Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response ‘soon’

March 3, 2026

Trump touts ‘virtually unlimited’ U.S. munitions; UAE, Qatar deny weapons’ shortage President Donald Trump said Tuesday that the U.S. has a “virtually unlimited supply” of munitions as the war with Iran escalates. He added that the stockpiles “at the medium and upper medium grade” have never been higher or better. It was not immediately clear […]